Programme

ALTERNATIVE ENERGIES – IS THE GOLDEN ERA OF HYDROCARBONS A THING OF THE PAST?

Sustaining Economic Expansion
Panel Session

Since the advent of the modern industrial age, hydrocarbons have been the predominant source of energy, constituting over 80% of the global energy mix. However, a combination of long-term price pressures, environmental concerns, and rapid technical advances has spurred a broad take-up of alternative sources of energy. Given that we are experiencing fundamental shifts in the pricing of hydrocarbons, how might the composition of energy markets look in the near future? What are the potential technical or regulatory disruptions that could alter the make-up of the energy mix over the coming years?

Moderator:
Luca Caruso , Partner, Director, Bain & Company

Panellists
Rowen Bainbridge , Head of Energy Practice, Spencer Stuart UK
Giles Dickson , Chief Executive Officer, WindEurope
Pekka Lundmark , President, Chief Executive Officer, Fortum Corporation
Mario Mehren , Chief Executive Officer, Wintershall Holding GmbH
Peter Szijjarto , Minister of Foreign Affairs and Trade of Hungary
Vyacheslav Solomin , Chief Executive Officer, EUROSIBENERGO PLC.
Alexei Texler , First Deputy Minister of Energy of the Russian Federation
Didier Houssin , Chairman, Chief Executive Officer, IFP Energies nouvelles (IFPEN)


Grigory Vygon , Managing Director, VYGON Consulting
Irina Gaida , Partner, Managing Director, The Boston Consulting Group
Nikolay Grachev , Vice-President, Executive Director of Energy Efficiency Cluster, Skolkovo Foundation
Igor Shakhray , General Director, Hevel

Broadcast

Key moments

Electric cars and electric transport in general are indisputable drivers of alternative energy development.
Alexei Texler
The combination of gas and renewables, along with energy saving, is the fuel of the future.
Alexei Texler
It is very important for the government to have a long-term taxation policy that encourages to diversify away from oil even if it takes a lot of time.
Didier Houssin
The costs of solar energy have dropped, so the question is why do we subsidize what already has the lowest cost? Let the market work and decide, not politicians, what is the best technology
Pekka Lundmark